Elite Pharmaceuticals Inc (ELTP)

[Dr PeteRose MLB]

There is absolutely positively nothing wrong with ELTP. We are just waiting on the FDA. MMs, hedge funds, shorts are constantly, nonstop, 24/7 putting downward pressure on ELTP to skim money off the top of ELTP. They are constantly bring up ridiculous accusations and conspiracy theories about ELTP. It is a play on human psychology- amazingly people would rather believe in conspiracy theories than the truth that is right in front of them as Couch so nicely has written this morning. It is boring to see the same BS everyday. ELTP has been an ATM machine for them and their illegal activities have gone unchecked which is par for the course in OTC land. They will do and say anything to keep their private ATM machine pumping out money.The FDA is far behind and I do not think Califf will last much longer. Patience, buy, hold, and wait on the FDA.

EXACTLY. People should understand that dealing with the FDA takes time. If anyone doesn't know that, they should spend a little time doing DD. it would help themselves tremendously.
Elite is not idle during this period of waiting. They are moving forward with the generic line while working on the ADT opioids. Getting a couple more ANDAs filed in the next couple quarters and Elite should be in a position to where an ANDA will be getting approved while filing the next NDA or ANDA. That's when we longs and newcomers start to see the PPS making the sharp move up. Throw in the approval of SequestOx and the the move up will be much more quickly.
I can wait however long it takes but I believe everything is falling into place.
Good Luck to my fellow longs. Especially KENNY!!